(ARA) Accredited Rural Appraiser Practice Test
ARA ARA Appraisal Finance & Investment Analysis
What is the income capitalization approach primarily used for in rural property appraisal?
Select your answer
A
To estimate the reproduction cost of improvements
B
To calculate accrued depreciation of structures
C
To measure soil productivity and fertility index
D
To convert a property's income stream into an indication of market value
Hint
